The Strategic Dividend Investor (2011) points out why equity investors need to seek out dividend-paying and dividend-increasing businesses. The Dividend Imperative (2013) addresses the supply side of the equation by arguing that S&P 500 Index companies need to increase their dividend payout ratio materially, from the current low 30% mark to 50% or better.
For an introduction to dividend investing, you may watch this brief video, read a recent interview in Fortune magazine, an earlier interview in The Morningstar Advisor, and an older commentary on Forbes.com.
For reviews/commentary on the individual books, click on their separate tabs.
{ 4 comments… read them below or add one }
Hello Daniel -
I just finished your excellent book last night and want to extend my thanks for a very thoughtful, informative, and timely insight into the true art of investing. I have been a follower of your strategic dividend investing concept for the last 7 years after having my IRA decimated by the burst of the tech bubble. I knew then there had to be a better way to grow my wealth than playing with the big dogs in the casino.
I find the rise, and now preeminence, in Trader Nation very unfortunate, but as you mentioned I believe, it really only mirrors the erosion in values and the decay in character of these me-first, I want it all now, recent generations.
I want to thank you for having the courage to stand up and speak out against the convential “wisdom”. I know that your message will not be heard by most, but those with the courage to look back inside the box might perhaps find gems worthy of their search. This was a very well written and enlightening presentation and I would heartily recommend it to any interested reader. Thank you again.
Gary Douglas
Oxford Michigan
There is a clear distinction between ‘riskon/risk off’ and value investing. You, Dr. Seigel, Ben Graham and an assortment of others do understand. I would hopoe that others join your league, as the traders destroy value by working the media to a frenzy over small beer – Greece today – and distort the market. The tail certainly wags the dog when such a financial flophouse as Greece can ‘gyre and gimbal’ markets.
Thank you for your efforts! Persevere.
Book is excellent. Basically, you prahcuse a stock and forget it. You will ride the ups and downs of the market with it. However, for short term and intermediate trader; you will be unable to capture the volatility of the equity you own and trade in the direction of the market. Easier to read than your Sunday paper. I therefore recommend this book for beginners in the financial market.
Wow, I read this book through in less than a 24-hour period. I had already begun the switch of my retirement account to dividend stocks and found this very readable and set in the history of the markets. I will recommend this to my high school students who are interested in the stock market. Thank you for giving enough technical information but not so much that a novice like myself can’t read it.